How to trade in commodity?
can any one help me..
i do trade in equity..well ... done reasonable money profit there..
new to commodity..
opened account in sharekhan..
i do not know any thing about commodity..
can any one help me or guide me..
by the way what is the brokerage..?
please guide me to this new market..

You have some knowledge of trading as you have traded equities. You only need to know the products and their lot sizes. We can work in your learning. Would you need any help, write them in precise about what is your question and I will give the necessary details.

i want to know the strategies..
some one in traderji said NOT to start commodity trading with gold..
but my broker want to start commodity broking by gold..
but i said i do not know..
so stop any trade till i understand..
i know about f n o market..
traded there..
where from i know the lot size and total value of them..
and .. i want to know the basics..
where from i can know them..

For the technical details about lot size and contract values you can visit MCX website and NCDEX websites. Any other details I can help you out. You can trade Gold, it is one of the liquid commodities in the market. There are 3 lot sizes , you can start small and then go for the full contract.

Do PM me your mail Id I will keep in touch with you on all your requirements.

which is better ..
mcx or ncdex?
what about gold guinea..
a lot of it is traded at 14,498 now..
so how muc h i need to pay to buy a lot of golduinea of august and .. how is profit or loss calculated..
and is there any maximum loss?
what about COPPER ....the total value of it?

using charts. just like you trade equities. but also keep a tab on news flow.

Quote:

Originally Posted by drsubhadip

i do trade in equity..well ... done reasonable money profit there..

commodity trading is slightly different, but you won't have problem adapting.

Quote:

Originally Posted by drsubhadip

opened account in sharekhan..

as in any day trading endeavor, make sure your brokerage is bare minimum.

Quote:

Originally Posted by drsubhadip

i do not know any thing about commodity.. can any one help me or guide me..

broadly commodities are agri and non-agri:
MCX is good for trading in Energy, Bullion and Metals, while NCDEX is good for agri futures trading.
Pick a couple of commodities, observe them and find out triggers [news, seasonality etc] about them, read their charts and paper trade for a couple of days. And you are good to go.....
for more details on lot size, expiry date, etc visit mcxindia website.

I have 1 short position in cardamom august 14. shall i cover my position on expiry day or should i close it before? please advise me.

Quote:

Originally Posted by d_s_ramesh

Welcome Dr. Shubhadip,

You have some knowledge of trading as you have traded equities. You only need to know the products and their lot sizes. We can work in your learning. Would you need any help, write them in precise about what is your question and I will give the necessary details.

Cardomom is very strong on the bearish side from the beginning of the current expiry. It is likely to re-test lows. It is trending, It is advisable to hold on and if there is a close above 1436 (on today's values), only then it is expected to reverse to Long.

Cardamom gets its reversal signal to trade long. Go long above 1647 on current contract value, but trade in the next contract. Weekly charts have strength but the back of the bull is broken. The next move will be the last on the bullish side. And there would be opportunities to have a nice bear trend from there.

Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you automatically indicate that you agree to our Forum Rules, Indemnity, Disclaimer & Disclosure Notice and General Content Disclaimer Notice and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum/site.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. You are recommended to make appropriate enquiries and seek appropriate advise before sending money, incurring any expenses, acting on recommendations or entering into any commitment in relation to any advertisement published here. Traderji.com does not vouch for any claims made by the advertisers of products and services. Traderji.com will not be held liable for any consequences in the event such claims are not honoured by the advertisers. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of any information by anybody mentioned anywhere on this site.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy or legality of any information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. Although we constantly delete all irrelevant content and/or SPAM, if you should find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.